BTB efforts help RTO-II Karachi to post unprecedented 60% growth: CCIR

KARACHI: The efforts of tax officials for broadening the tax base (BTB) helped Regional Tax Office (RTO)-II Karachi to achieve above 60 percent revenue collection growth in February 2020. “The tax office worked aggressively and brought many new taxpayers into the tax net belonging to various sectors of the economy,” Badaruddin Ahmed Qureshi, Chief Commissioner […]

by Mrs. Anjum Shahnawaz

Coronavirus prevention: Clearing agents advised avoid unnecessary visits to Custom House

KARACHI: Customs clearing agents have been advised to avoid unnecessary visits to Custom House Karachi as a preventive measure against coronavirus. In a circular Karachi Customs Agents Association (KCAA) on Saturday, informed its members that the association had conducted meetings with the Model Customs Collectorate Appraisement & Facilitation (East) & (West) regarding outbreak of Novel […]

by Mrs. Anjum Shahnawaz

FBR starts obtaining CNIC information on purchases above Rs50,000

KARACHI: Federal Board of Revenue (FBR) has started obtaining CNIC information of buyers making purchases above Rs50,000 in order to realize sales tax and for broadening of tax base. Sources in FBR said that sales tax registered persons would provide details of Computerized National Identity Card (CNIC) of buyers making purchases above Rs50,000.The registered persons […]

by Mrs. Anjum Shahnawaz